CEFA Comments on Proposed SEC Rules Change

CEFA has filed a comment letter with the Securities and Exchange Commission on behalf of its members regarding proposed amendments to Form 13F. Some of the proposed changes would make it even harder to identify and communicate with shareholders. Read Comment Letter..

SEC Proposal to Increase Form 13F Reporting Threshold Draws Scrutiny

On July 10, 2020, the Securities and Exchange Commission (the “SEC”) put forth a proposal to amend the Form 13F reporting threshold from $100 million to $3.5 billion in market value of 13(f) securities. The public will now have 60 days to provide comments prior to any SEC approval.

CEF & BDC Offering

The SEC adopted final rule and form amendments (the “Final Rules”) that modify the registration, offering, and communications processes currently used by registered closed-end management investment companies, including all types of continuously-offered closed-end funds. Read more to learn how the final rules impact your efforts.

SEC Proposal

The SEC proposed a new rule to codify fair valuation requirements for funds registered under the Investment Company Act of 1940. Rule 2a-5 (“Proposed Rule”) would be the first rule that establishes a comprehensive regulatory framework for fair valuing investments in good faith for which there are no readily available market quotations. Read more…

Content Opportunities

From podcasts to webinars, we offer a range of opportunities for collaboration. Be sure to get on the calendar and take advantage of this insightful member benefit.

Call for Copy

Now is a critical time to communicate with investors and advisors. Send your latest copy to CEFA to feature on CEFA.com. Please submit copy to CEFA@cefa.com.